SBOEF (SBO AG) Cyclically Adjusted PB Ratio: 1.12 (As of Sep. 13, 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SBOEF SBO AG SBOEF
79 GF Score
Price $35.25
GF Value $30.99
! 6 Warning Signs
View Full Analysis

What is SBO AG Cyclically Adjusted PB Ratio?

SBO AG SBOEF 79 Cyclically Adjusted PB Ratio is 1.12 as of Sep. 13, 2026, which is 25% below its 10-year median of 1.49. GuruFocus rates SBOEF with a GF Score™ of 79/100 and a GF Value™ of $30.99. The stock has 6 warning signs investors should review. Among 752 Oil & Gas companies, SBO AG ranks better than 57.31% on this metric.

As of today (2026-09-13), SBO AG's current share price is $35.25. SBO AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $31.45. SBO AG's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for SBO AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

SBOEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.49   Max: 4.74
Current: 1.02

During the past years, SBO AG's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 0.78. And the median was 1.49.

SBOEF's Cyclically Adjusted PB Ratio is ranked better than
57.31% of 752 companies
in the Oil & Gas industry
Industry Median: 1.26 vs SBOEF: 1.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

SBO AG's adjusted book value per share data for the three months ended in Jun. 2026 was $31.213. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $31.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBO AG  (OTCPK:SBOEF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SBO AG Cyclically Adjusted PB Ratio Related Terms


SBO AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SBO AG's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SBO AG Cyclically Adjusted PB Ratio Chart

SBO AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 2.04 1.48 1.00 0.92

SBO AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 0.90 0.92 1.21 0.97

SBOEF vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, SBO AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBO AG Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SBO AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SBO AG's Cyclically Adjusted PB Ratio falls into.


SBOEF
79GF Score
SBO AG SBOEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBO AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

SBO AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.25/31.45
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SBO AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SBO AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.213/142.7100*142.7100
=31.213

Current CPI (Jun. 2026) = 142.7100.

SBO AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.681 101.192 40.449
201612 28.161 102.092 39.365
201703 27.864 102.592 38.760
201706 27.202 102.991 37.692
201709 22.297 103.591 30.717
201712 23.888 104.291 32.688
201803 24.402 104.491 33.327
201806 24.479 105.091 33.242
201809 26.159 105.691 35.321
201812 24.596 106.291 33.023
201903 27.333 106.391 36.664
201906 26.438 106.791 35.330
201909 27.659 106.991 36.893
201912 25.773 108.091 34.027
202003 26.261 108.024 34.693
202006 23.610 107.915 31.222
202009 22.654 108.348 29.839
202012 22.209 109.321 28.992
202103 22.831 110.186 29.570
202106 23.008 110.943 29.596
202109 23.535 111.916 30.011
202112 24.488 113.971 30.663
202203 25.239 117.647 30.616
202206 26.310 120.567 31.142
202209 27.632 123.811 31.850
202212 28.624 125.541 32.539
202303 29.334 128.460 32.588
202306 29.167 130.191 31.972
202309 30.246 131.272 32.881
202312 31.002 132.570 33.373
202403 32.689 133.759 34.877
202406 31.228 134.083 33.237
202409 31.259 133.651 33.378
202412 32.738 135.273 34.538
202503 33.247 137.760 34.442
202506 30.634 138.517 31.561
202509 31.209 138.950 32.054
202512 31.351 140.350 31.878
202603 31.778 142.160 31.901
202606 31.213 142.710 31.213

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.12 mean?
SBO AG (SBOEF) has a Cyclically Adjusted PB Ratio of 1.12 as of Sep. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SBO AG and its competitors. This is 25% below median its historical median of 1.49. Over the past decade, SBO AG's Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.74. According to the industry distribution chart, SBO AG ranks #321 out of 752 companies in the Oil & Gas industry, placing it in the top 42.7%.
Is SBO AG's Cyclically Adjusted PB Ratio too high?
SBO AG's current Cyclically Adjusted PB Ratio of 1.12 is 25% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.74. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.26. SBO AG's value of 1.12 is 11.1% below this industry median. Based on the distribution chart, SBO AG ranks #321 out of 752 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SBO AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does SBO AG's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SBO AG ranks #321 out of 752 companies for Cyclically Adjusted PB Ratio. This puts SBO AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. SBO AG's value of 1.12 is 11.1% below this benchmark. Historically, SBO AG's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 4.74 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.26, SBO AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.26, based on 752 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBO AG's current Cyclically Adjusted PB Ratio of 1.12 is 11.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SBO AG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBO AG's current Cyclically Adjusted PB Ratio is 1.12, which is 25% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBO AG stock overvalued right now?
SBO AG (SBOEF) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is $30.99, compared to a current price of $35.25 — trading 13.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 25% below median its 10-year median of 1.49 and 11.1% below the Oil & Gas industry median of 1.26. SBO AG's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For SBO AG (SBOEF), the current Cyclically Adjusted PB Ratio is 1.12 as of Sep. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SBO AG (SBOEF) Overvalued in 2026?

Based on GuruFocus' analysis, SBO AG stock appears to be overvalued. The current stock price of $35.25 is trading 13.7% above its estimated GF Value™ of $30.99.

Key valuation signals for SBOEF:

  • Cyclically Adjusted PB Ratio: 1.12 (25% below median its 10-year median of 1.49)
  • GF Value™: $30.99 vs. price of $35.25 (13.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 11.1% below the Oil & Gas median (#321 of 752)

No single metric tells the full story. See the SBOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBO AG Business Description

Industry EnergyOil & Gas
Address Hauptstrasse 2, Ternitz, AUT, 2630
SBO AG is a leader in the manufacture of high-alloy, non-magnetic steel and high-precision components and equipment for the energy sector and beyond. It delivers cutting-edge, high-performance solutions backed by a inventive product portfolio, protected through intellectual property. The company stays close to customers, providing fast and high-quality services.
79GF Score

Get the complete analysis for SBOEF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.25
Price
$30.99
GF Value